Standing Guarantor for a Partner’s Loan

Partners should think very carefully before guaranteeing a loan. If you guarantee your partner’s loan this will mean that you are responsible for the repayments of the debt if he or she defaults. If the borrower fails to repay the loan then you as guarantor may end up...

Landlord Insurance: What do you get?

Do you have an investment property which is being rented out to a tenant? Jessica and Daniel had purchased their first investment property in Sydney’s inner west. They had made many improvements on the property prior to leasing it out. Landlord Insurance On their...

Collectibles in Self-Managed Superannuation Funds

What are Collectibles: Collectibles are personal use assets and include artwork, jewellery, boats, wine, antiques, artefacts, coins, medallions or bank notes, postage stamps, rare folios, manuscripts or books, memorabilia, motor vehicles and motor cycles, recreational...

Are you a Share Investor or a Share Trader?

There has been continuous debate on how to treat a taxpayer who buys and sells shares. Is he a share trader or a share investor (share holder)? The distinction is crucial for tax purposes; in particular, how to account for losses arising from share trading activities....

Registering a Trademark

Registering your business name is a crucial action when setting up or redesigning your business, but if you want to gain better protection of your brand or logo you should consider registering it as a trademark. Unlike registering a business name, registering a...